ETH prices has been rejected from the 50 and 100 EMA lines and it sets the stage to push lower. Next buying interest appears at previous long term support lines, as shown in the chart above. This will also mark the last turn down before a complete correction.

ETH bulls have managed to break out of the red descending line, and have held control of the territory so far. Zooming into ETH 15 mins chart, bulls have to keep up the momentum and move forward to the next challenge at the bottom of the blue line at our next bull target at approximately around $800s. Watch out for further update on ETH price analysis.

Welcome to an update on ETH price for March 9, 2018:
Currently ETH is in the process of establishing the floor but bulls have a lot to overcome further price declines. It is very critical to hold $700. ETH is still under the pressure of the red line and need to break out of the red line as the first battle against the bears. Any weakness sensed by the red line...

ETH broke back inside the downtrend channel earlier this morning, which opened the field for the price to plunge all day. As expected, ETH is dropping toward the green line which should serve as a very hard support level. Hopefully the prices will reverse after bouncing off the green line. The greater the price bounces off the green line, the more likely the...